Nguyen, Bach (2020). Is Corruption Control Good for All Businesses? The Role of Cash in the Bribery Game. International Review of Entrepreneurship, 17 (4), pp. 385-428.
Abstract
This study investigates the distributional effects of corruption on the performance of cash-rich and cash-poor firms. We propose that cash-bribes are the ultimate objective of corrupt officials. Therefore, firm-level cash-flow is one of the most important determinants of corrupt decisions. Analysing a 15-year (2006-2015) panel of 2.4 million firm-year observations in Vietnam, we find that cash-rich firms gain less benefit and that their performance may even be harmed when corruption controls improve (less corruption-related harassment). By distinguishing administration corruption from negotiation corruption, we aim to explain this paradox.
Divisions: | College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship |
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Publication ISSN: | 2009-2822 |
Last Modified: | 27 Jun 2024 10:18 |
Date Deposited: | 27 Jan 2020 14:41 |
Full Text Link: | |
Related URLs: |
https://www.sen ... hip?article=642
(Publisher URL) |
PURE Output Type: | Article |
Published Date: | 2020-04-01 |
Accepted Date: | 2020-01-21 |
Authors: |
Nguyen, Bach
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